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Lyft’s Turnaround Draws Bullish Calls as Profitability Meets Europe Push

New analysis this week highlights GAAP profitability with record cash flow as catalysts for renewed optimism.

Overview

  • Recent analysis pieces portray Lyft as having achieved its first GAAP profit alongside record cash generation.
  • Commentary emphasizes a European expansion anchored by the FreeNow acquisition, previously reported at about $197 million.
  • Coverage cites autonomous initiatives that include a Baidu partnership for European robotaxis and a tie-up with May Mobility in Atlanta.
  • A Seeking Alpha author issued a Strong Buy view with a $25–$30 price target, arguing the turnaround case.
  • Insider Monkey notes CEO share purchases and cites roughly $1 billion in free cash flow as supportive factors, with the stock recently around $18.62 after years in an $8–$20 range.